With the additional lower-cost ethane available in North America, relative to naphtha and other liquid feeds, steam crackers in North America are running these lighter feed slates to produce ethylene at a significant cost advantage, Lachenmyer said.“In the last decade, new integrated refining-chemical complexes, principally in Asia or the Middle East, have tapped into labor and logistical advantages,” she noted. “Today unconventional gas growth in North America is providing the next major source of advantage via affordable energy and feedstock from natural gas and ethane. For the first time in a decade, producers in North America have announced expansions in the form of debottlenecks and new steam crackers.”
Lynne Lachenmyer, Senior Vice President, ExxonMobil Chemical Company, Said That Increased Natural Gas Production Is Revitalizing The U.S. Petrochemical Industry. (Photo: Business Wire)
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